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for a big deficit reduction and debt reduction package. we were offering a deal that caused for as much discretionary savings as the gang of six. we were calling for taxes that were less than what the gang of six had proposed. and we had -- we were calling for modifications to entitlement programs. this was an extraordinarily fair deal. if it was unbalanced, it was unbalanced in the direction of not enough revenue. nancy pelosi, harry reid, the democratic leadership, they sure did not like the plan that we were proposing to boehnor, but they were at least willing to engage in a conversation because they understood how important it is for us to actually solve this problem. and so far, i have not seen the capacity of the house republicans in particular to make those tough decisions. what a lot of the american people are so disappointed by is this sense that all the talk about responsibility, all the talk about the next generation, all the talk about making sacrifices, that when it comes to actually doing something difficult, folks walk away. here's what we're going to do. we have now run
've tried to emphasize is we have a unique opportunity to do something big. we have a chance to stabilize america's finances for a decade. for 15 years, or 20 years, if we're willing to seize the moment. now, what that would require would be some shared sacrifice, and a balanced approach that says we're going to make significant cuts in domestic spending, and i have already said i am willing to take down domestic spending to the lowest percentage of our overall economy since dwight eisenhower. it also requires cuts in defense spending. and i've said that in addition to the $400 billion that we've already cut from the defense spending we're willing to look for hundreds of billions more. it would require us taking on health care spending. and that includes looking at medicare and finding ways that we can stabilize the system so that it is available, not just for this generation, but for future generations. and it would require revenues. it would require, even as we're asking the person who needs a student loan or the senior citizen or, you know, people -- veterans who are trying to get by o
's here to dish on the debt and deal in taxes. and big money, big problems? mitt romney's campaign is debt free, but where is all that money coming from? we'll tell you why it could add up to a little bit of trouble for the republican front-runner. good morning, it's monday, july 18th, 2011. i'm chuck todd. just 15 days until default day. let's get right to my first reads of the morning. it's a week of public spectacle and private wrangling. efforts to get a big debt deal done has failed. >> when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil. it took clinton and gingrich. the president is out there. he's willing to do it. he said it in the state of the union, he said it in the budget. the question is, do we have a partner to work with? and i hope the answer to that is yes. >> this week we'll see a two-track process. publicly, leaders will get a few votes out of the way to allow conservatives to get on the record on a balanced budget amendment and set the table that nothing besides the final deal can pass. meanw
the washington post, and one from what we played on msnbc earlier on jansing & company. >> well, it is a big deal as it was originally recordednd mr. hoyer in the whip meeting this morning mentioned it, so if mr. norquist was taking a position that is reasonable that expiring tax cuts under existing law were not tax increases that creates a lot of breathing room for us and head room. >> a lot. >> but my understanding is that he has gone back on that, and so revenues have to be part of it, and, you know, when i talk candidly to many of the republican colleagues, they understand that. and they are worried about the revenues and not getting the cuts, and there is anxiety on the net level of negotiation, but most folks understand that when we are spending 22% of the gdp and collecting revenues lower than the eisenhower era at 15%, that doesn't work. >> congressman, under the gun today? if not today, a deal by friday? what do you think? >> well, honestly, i don't know, but what i do know is that we have to have a deal and we cannot allow america to default. if you are eric cantor and want to have more
i'm thomas roberts. rupert murdoch will testify at parliament tomorrow, this is the big headline, all over the phone hacking scandal that's rocking his media scandal. meanwhile there was a new arrest of a top exec over the weekend, and now the head of scotland yard and his assistant are resigning. if you're keeping score so far, there have been three high-profile resignations, ten arrests and it is not over yet. jim maceda is live in london to bring us up to speed on this. jim, good morning. >> reporter: hi there, thomas. make that four high profile resignations. just a couple of hours ago scotland yard's number two, john yates, also resigned under increasing, extraordinary, really, pressure. that on the heels on his boss's resignation last night. commissioner paul stevenson, he was the head of scotland yard. he, if you will, fell on his sword and said that he could not in good conscience continue with all the challenges to keep the peace in great britain as he and specifically his relationship with the murdock media empire became such a focus of attention. he was calling it a ma
that would have reduced spending by $4 trillion over the next decade. but if mr. boehner wanted to do a big deal, the majority leader eric cantor threw cold water all over it saying that the congressional republicans would reject any revenue increases as part of the deal. as for the president, he said that he is willing to take political hits from his own party, but not at the expense of struggling americans. >> i am prepared to take on significant heat from my party to get something done. i expect the other side should be willing to do the same thing if we are going to actually solve the problem, there are finite number of ways to do it. if you don't have revenues, it means you are putting more of a burden on the people who can least afford it. that's not fair. >> nbc's kristen welker is live at the white house. kristen, the president spoke about his willingness to take in his words significant heat from his own party in reaching a compromise, and he was clearly suggesting that the republicans must do the same, but will they? >> well, it is an interesting question at this point the two sid
as you know can happen instantly if some big player decides to sell off. >> obviously i'm not qualified to speak on behalf of the markets and what they will or will not do, but just my own judgment based upon all the various kinds of conversations that are occurring, are that we will find a way to deal with this issue. we do know that the root cause of our debt and deficit problem is spending is just too high. we also want economic growth. we don't want to embrace policies that we sincerely believe will damage the economy and hurt job creation. if you do that, then you lose even more revenues. so what we want to do is get a downpayment on our deficit and debt by getting spending cuts. i think that there are constructive conversations that are occurring both sides of the rotund rotunda, both sides of pennsylvania avenue. i do believe cooler heads will prevail. >>> what are the constructive conversations? for instance, are some elements of the gang of six proposal, i know you said it's not specific enough, it doesn't go adequately to slowing the growth of health spending, but are there co
have a big jump in revenue. obama has been saying let's thai the bush tax cuts are going to lapse and we are going to extend the ones for the middle class. republicans are afraid to let him do that up front. it would kill momentum for a tax reform. >> but, but, but why just get rid of the bush tax cuts. if they are so awful, why not get rid of all of them. get rid of all of them for everybody. if tax cuts are the worst thing ever, the bush tax cuts, get rid of the bush tax cuts for everybody and raise billions in revenue. >> right. i think we could probably figure it out sitting around the table. i don't think it's that difficult. they are locked in in political terms. it's a much different issue to them. you can make rational compromises and deals here. the problem is, how do they do it. what's happening is they are at the point where they realize the consequences. at some point, they realize they have to do something other than hold the ground saying this is it. we're not going to change anything. we are at that point and we have little time to work with. >> howard dean, look wh
,000 donors. >> willing to go big here. >> a shock and awe report. >> what a juggernaut this was for the president. >> mr. mcconnell said the day i was elected president, to see me beat. >> now i'm not the only one who knows the president is winning. >> republicans don't have a chance. >> mr. mcconnell who waves the white flag. >> mcconnell squawks, boehner balks, and cantor woes. >> trying to win the spin game. >> the senator republican leader says hey, i got this other nifty back-up plan. >> this is a complete betrayal of the tea party. >> let's be in a position to blame president obama. >> mitch mcconnell trying to become senator majority leader. >> tea party republicans are not exactly on the same page. >> inmates are truly running this asylum. >> we cannot go on scaring the american people. >> piece of legislation. >> this is a misnomer. >> as i fumble for the acronym, it guarantees to keep the promise. >> continue to be challenged by pledges they just can't keep. >> there's something out there called the marriage vow. >> michele bachmann, who attempted to explain w
money problems. >> and big money, big problems? >> gop fund-raisers staying on the sidelines. >> for mitt romney it's 70% maxed out contributions. >> is newt aware he's running for president? >> the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> abandon ship. in the last 24 hours there have been two high level resignations. zo london's top cop. >> rebekah brooks was released on jail. >> rupert murdoch is supposed to face the scandal head on tomorrow. >> all eyes are trained on parliament tomorrow. >> they're cutting short a trip today to south africa. >> when is he going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday david rogers of politico discovered and reported that house speaker john boehner and eric cantor held a secret meeting
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
of six proposal is rather vague. easy to agree on something balanced as long as it's big. in the house r there are republicans ideologically opposed to anything that increases revenue. now all the government deficit projections are based on the idea bush tax cuts expire for everyone, according to current statute, the end of next year. if you regard not only any change in the law that reduces the deficit as unacceptable but any failure to change the law is also unacceptable, then it's going to be very hard to pass anything through the house other than perhaps the mcconnell plan, without the savings in it. >> we're hearing from harry reid using the phrase, "time is of the essence," hearing that over and over again and taking us to the brink. do you get the feeling we are actually inching any closer to clenching a deal? >> i think the mcconnell proposal, with some savings we can all agree to, may very well end up being the package. it's very important to the president we have a 3.5, 4$4.5 trillion package. woe may not in this short time agree to more than a $5 million down payment and vague
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
house back to the table, back to talking about something big. now, look, we still got a long ways to go. it's a weekend of sales jobs going on right now that actually began last night when the president had the congressional democratic leadership over to start talking turkey. so that brings us to the other sticking point, the actual substance. everybody has to figure out what to cut. this isn't going to be as easy as folks think and both sides are moving toward a deal that would include a trigger to assure mutually destructive politically when it comes to the two big items being kicked to committees or joint committees and that's still being figured out, tax and entitlements. one incentive plan would kill bush tax cuts for the rich and key portions of the new health care law if somehow the reforms for the tax code and social security and medicare weren't agreed to and implemented by january 1st, 2013. the question is, is the penalty on the bush tax cuts sort of the idea that you're kicking this down, is that going to be enough to assuage some democrats who believe there's too many cuts
's an empty piece of paper and you're bragging about this thing? this big cut cap and balance has nothing in it, and i was amazed. i had a hunch it wouldn't be there. got copy of it. actually did something nobody dmog your house, in the republican side, reading it. there are no cuts here. where are the cuts? it doesn't say anything. go ahead. >> senator coburn introduced a plan that was extraordinarily detailed. >> it's not coburn plan, todd. >> it's the bumper sticker being voted on. >> the house has plan. coburn has a plan. >> have you read this, todd? have you read this? have you read it? >> no, i haven't read it. >> how do you know you're saying there's something in here and i'm reading it. >> at least you're holding on to something. this is the president's plan. right here. this is it. nothing. it's vapor. there is no plan, because there's no leadership. period. >> the president's plan outlines $4 trillion in cuts. >> there is no plan. >> to the speaker's credit, she being held hostage by tea party republicans. >> let's go to the outlet as they say in football. the outlet pass. forme
a new high. his latest attack on big government is our con job of the day. >>> welcome to the show, i'm al sharpton. tonight's lead, are we closer to a deal or disaster? president obama and house speaker john boehner may be nearing a deal for a new grand bargain on debt limit. the president is meeting with democrats right now at the white house. presumably to talk about the deal. but any agreement would have to get past the tea party republicans in the house. and democrats say, they have a problem. >> the loudest shrillest voices from the republican party are not leaders but tea party extremists. >> they group of ideal ogs have grabbed the reigns and refuse to let go. it is the group who alone wants to drive the car off the cliff. >> but now, even boehner is saying republicans must compromise. >> i believe congress must act before august 2nd and i hope we are prepared to do that. at the end of the day, we have v a responsibility to act. >>> if the united states of america's debt rating gets downgraded, every interest rate in america will go up. >> joining me now is republican congress
for millionaires and big corporations is what republicans have called for. they need to meet us somewhere. >> thank you, congressman steve israel. >> thank you. >>> joining me now, "washington post's" chris, author of "the fix". a managing editor also. let's visit this grover norquist issue. i think on tuesday in an interview with your "washington post" editorial board, grover norquist, the man famous for his anti-tax pledge, said that not renewing the bush tax cuts would not violate his pledge. listen to some of that audio released. >> not continuing a tax cut is not technically a tax increase. >> stow does not violate the pledge. >> we wouldn't hold it that way. it would be a very bad thing to do. it would raise taxes from where they are today. >> who don't follow the inside baseball the way you and i eat, drink and sleep it. what is the significance of grover norquist saying that? >> for people who don't know, grover norquist since 1985 has run a group called americans for tax reform pap d.c.-based group that does a lot of thing. basically, to holded line on no tax increases for republicans. eve
on the big things is something they choose to do. >> we emplore the other side to get serious. >> when is the house going to stop the charade? >> the gang of six is still trying to lead. >> it's a far cry from the paul ryan budget. >> we thought this was the gang of six, dead and buried. >> now the gang of six is a gang of seven. >> two parts, there's always a second act. >> gotten rave reviews from a lot of folks. frlgs colleagues really liked it. >> when does somebody have to say uncle? >> murdoch is also not taking the blame. >> insisting that he is not to blame. >> london calling. >> tried to pass the buck today. >> just doesn't really stack up. >> the 80-year-old also appeared confused. >> he said yes, i'm in charge of this company. >> somebody jumped over to, i believe, get to rupert murdoch. >> somebody with a pie, wendi murdoch leaped past her husband. >> she's feisty, i've met her. >> if i remember correctly, that looks like a spike. >> you can always say with glitter. >> as the deadline for raising the debt ceiling grows closer by the day, house republicans chose to spend thi
by decisions four, five years ago, mostly by republican congress and president. it's like having a nice, big dinner with a few friends at the restaurant and then saying we're not going to pay the bill. that's what not raising the debt ceiling is. >> and when you look who we owe the money to, 44%, the biggest percentage of our debt is owed to the federal reserve, which is -- if we're going to not pay debt, instead of not paying social security or veterans, why not just pay the federal reserve since we're subsidizing the banking system anyway? >> you could do that but i gang ter wouldn't get you very far. it might get you a few days. the problem is that -- if you don't raise the debt ceiling shortly after august 2eneden the secretary of the treasury is faced with a choice of breaking the law. the question, which law? one law says the debt ceiling says you can't borrow to pay the bills. but the anti-impoundment act of 1974 says you must pay the bills and you must spend the money congress appropriated. you can't not spend that money. >> you must not -- like being told you must not think about th
believes that the boehner problem is anything more than a big, wet kiss to the right wing. i mean the tea party. that's what i mean. it's too bad the caucus is run by so little people. >> when i asked the plan, the aids pointed to a speech. congress can't vote on a speech. a veto threat won't prevent default. >> we are urging the republicans to step back, put their party caucuses aside, put their pledges to grover norquist aside and put this country first. >> it's unfair from the president of the united states to lead from behind. it's unfair for the president of the united states not to come forward with a specific plan that, perhaps to be considered by both bodies, but only to go out and give lectures. >> we are not going to hold this country hostage to the tea party. those folks over there, about 80 of them, they pledged to grover norquist. i want to pledge allegiance to the united states of america. that's what we should be doing. >> good morning. it is thursday, july 28th. look at the beautiful shot of new york city. welcome to "morning joe." yes, with us on set -- >> look at him. >>
guns on something he's done his entire presidency, which is when there's a big bill that needs to get through congress, whether health care, whether the stimulus or whether this, he lets congress handle the details. he doesn't present his own legislation. he doesn't say here's my plan. let's amend from this. it's instead, trying to let's grab a piece here, let's grab a piece there. let congress do all the talking. we'll see. it is one of those debates that takes place among folks that observe this president from the outside wondering why does he keep doing it this way. who will win the battle long term? john boehner and harry reid teed up that fight yesterday. >> two groups of people from two different planets who barely understand the language of the other one. they're two remarkably different visions for what the appropriate role of the government should be in our society. how our country operates. it's stark and it would shock most americans. >> any time around here with the new tea party philosophy, they seem to think they have an all-knowing wisdom about the constitution. in shor
chided leaders for missing a big opportunity. >> i think that any plan that simply says, you know, think about this later essentially, and we're going to try and figure out how things went wrong to blame it on the other party is a terrible mistake. we cannot go to august 2nd and tell the rest of the world because we're having this fight in our sandbox back here that we're going to essentially default on obligations of the united states for the first time in our history. that's a level of -- of immaturity that i don't believe this congress is up to. >> warren buffett was at the white house, and the white house talked to reporters this morning. david brooks calls out republican groups who he says decided not to seize the chance to usher in the largest cut in the size of government in american history. he also added, they do not see politics as the art of the possible. they do not believe in seizing opportunities to make steady, messy progress towards conservative goal. they believe if they can remain pure in their faith, some day their party will win a total and permanent victory over its
. >> thank you smuch, martin. a pleasure to be seeing her. our show, indeed, begins right now. >>> the big story for everybody out there -- now what? lots of false debate on capitol hill, a week from the treasury's default deadline. sort of invented in its own right. a tuesday in new york. good news, not at hot as it was. my name is dylan ratigan. pleasure to see you. the president and speaker of the house delivering speeches that have absolutely nothing to do with where the fault or blame now stands. more importantly, underlying structural problems that got us into this mess in the first place, talking about that. listening to all the floor speech, primetime addresses and press conferences you may actually think something is getting done. but if that was the case we'd have already raised the debt ceiling and moved on to restructuring bank, trade taxes in order to create jobs and prosperity for america. that's downright crazy. luke russert starts us off on capitol hill with the latest on the debt ceiling. >> reporter: the latest on the professional wrestling as you like to call it, right,
the table, the problem is so big we won't bo able to fix it and the politics are such that it's going to be impossible to get everybody around the table to come one a deal. it really is time for everybody to put these lines in the sand aside and start trying to fix the problem, which is what i think is gang of six did this week breathes a lot of new life into this whole discussion of how do we fix this problem in a way to get a lot of people to sign on and by doing it smartly that's going to help tremendously. >> do you think that the market, the rating agencies and others looking at it from the outside will take it seriously if there is some sort of agreement, a handshake whatever you call it between the president and the speaker of the house that has 217 votes and can get through the house, that there's an agreement for things that will be triggered down the road, is that going to be good enough, tax reform down the road? >> there's a lot of risk. people tend not to believe politicians doing hard things later. at the same time we need to lift the debt ceiling. we need to do that rig
up with some kind of short-term extension, no big deal, and then everybody's going to blame everybody else for the fact we didn't get anything done. you talk about the gang of six, there's a gang of 300 million out there, the american people, who are completely fed up with this. they elect representatives to take care of housekeeping chores, and this is a grand housekeeping chore, and they are failing at the process of doing it. >> howard, i'm wondering, does the same thing go for -- it is my sense it does. boehnor is actually not the most disappointed guy in the capitol, he knew he was putting together something that wasn't real and that cbo shooting it down is not some big shock to him, that he was just putting together to claim he was putting something together. >> that's true too. maybe there was a smidgen of sincerity there and knowing him and having covered him, but yeah, they both want to be able to say after we all go off the edge of a cliff that it was the other person's fault, and that's exactly the situation we're in right now, and it's a dangerous and unsettling one, begin
that the boehner problem is anything more than a big wet kiss to the right wing and i mean the tea party. that's who i mean. it's too bad his caucus is being run by such a small number of people. >> what about the president's plan? when i asked the president's plan, his aides point to a speech and a veto threat. with all due respect, congress can't vote on a speech. and a veto threat won't prevent default. >> we are urging the republicans now to step back, put their party caucuses aside, put their pledges to grover norquist aside, put their caucus pledges to one congress manor the other aside, and put this country first. >> it's unfair of the president of the united states to lead from behind. it's unfair of the president of the united states not to come forward with a specific plan that perhaps could be considered by both bodies, but only to go out and give lectures. >> we are not going to hold this country hostage to the tea party. that's where it's at. you know, those folks over there, about 80 of them and maybe even more of those republicans, they pledged to grover norquist. i want to pled
the treasury department we learned no longer has a stake in chrysler. a big loss for the u.s. government, though, how much did this eventually cost taxpayers? >> well, they tout it as a success. they say they have recovered 90% of the initial investment, which was $12.5 billion. keep in mind, the government may no longer be involved in chrysler, but it still holds a 32% stake in general motors. coming back to chrysler, the majority owner is now fiat, the italian carmaker. by the end of thisse eyear, the will own around 59%. the rest of course is owned by the united auto workers. have a great weekend. >> i appreciate it. thanks very much. >>> as the national unemployment rate rises to 9.2%, there is one area in california specifically that actually is predicting significant job growth. according to a new study released this week, silicon valley employers plan to expand their workforce by 15% over the next two years. nbc's tom brokaw has the latest from that region. >> reporter: silicon valley, the moth moth mother load of high tech has the biggest names to go public for astronomical price
of that. >> and big surprise, a very, very sharp contradiction in james murdoch's testimony plays out today. and the murdoch response was basically no response at all. >> right. you know, the interesting character to watch there is tom crone, the lawyer. he's made clear that he's not going to be the fall guy here. and if they -- if the murdochs and news corp. try to lay everything on him, because he was the chief lawyer for "news of the world," he's not going to sit idly by. so if the brits are looking for a john dean character in all this, i would think that tom crone is the guy to watch, and the statement today contradicting james murdoch's testimony about that e-mail is the first sign that he may in fact be willing to go there. >> nbc news national investigative correspondent michael isikoff. thank you for joining me tonight, michael. >> thank you, lawrence. >>> coming up, virginia governor bob mcdonald flip-flops on the debt ceiling, even though he never actually understood what the debt ceiling was in the first place. that's in tonight's "rewrite." >>> and later, one of our favor
could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> rupert murdoch's son james is now being accused of not telling the truth during a key part of his testimony to parliament tuesday. during tuesday's testimony, james murdoch said he was never told about a vital email suggesting reporter neville thur elback was involved in phone hacking. but today, collin miler, editor of "news of the world" just before it shut down and tom crone, the paper's former head of legal affairs, said they had told murdoch of the email which included transcripts of hacked voicemails. in a joint statement, they said -- >>> news corp. then issued this statement. >>> news corp. then issued this statement. james murdoch stands by his testimony to the select committee. the committee chairman may ask james murdoch to appear again before parliament to clear up that matter. this cartoon appeared in today's edition of murdoch's british newspaper "the times," under the wor
with separation. >> and david, i believe i got to go with big spending cuts in revenues. makes no sense. >> i think the president, i said earlier, has leverage at this point because republicans depicted themselves as hostage-takers ready to blow things up and the public doesn't like this. they stood their ground. pat's right about that. the tea party people would be happy to see $100 billion cut out of the next budget which is in the bill that's up this week, even if that leads tos 700,000 lost jobs. happy top do safety inspections, environmental protection. this is what they want to do and stand by -- >> let's get back to reality. back to reality -- >> no. this is the reality, pat. >> david, what about -- >> david, hold on. let pat make his case. >> let me ask you this, chris. the republicans, say the mcconnell plan has a trillion or a trillion and a half in budget cuts in it. >> i don't think it does. >> in the house it passes. they send it to the president. he's going to veto it, shut down the government and puts if default? come on. >> the whole idea, mcconnell's, separate cuts from spend
? >> we didn't talk about the gang of six plan. what i like is it's talking about big bold bipartisan plan, a lot of details not out about it. it does talk about 3$3.7 trillin worth of spending cuts over the next ten years and talks about tax reform, i think is critically necessary, talks about lowering the rate, you heard 29%, again, allowing corporations to be more competitive in the global marketplace. these are things we want to accomplish and a big bold bipartisan plan is one we're looking for. >> congressman richmond, is that something you can get on board with? >> we're still looking at the plan and still concerns about reforms to social security that our seniors would receive. i think the framework and concept is something the american people want, which is a little give-and-take on both sides so we can get past this and get back to talking about the 14 million americans unemployed and looking for work. >> you're nodding your head when he's saying that, congressman dole. i'm wondering what you're hearing from your constituents and what their major concerns are when it comes to this
under bush era tax cuts and we've seen the unemployment rate skyrocket. the big corporations are sitting on megabucks in cash, they're not spending it on hiring. if the gop is getting all of this push back especially if the tea party on raising taxes, how can there be a deal in this climate? >> that's a great point. even house republicans now today and leaders are trying to lay the ground work to go along with this senate deal that's coming, but with no guarantee of deficit reduction you're still going to run into a lot of opposition within the house republican circles. they are far to see they will accept what's happening. >> she's putting herself in role of tea party fighter completely against the debt ceiling. that's helping her raise her name recognition and some $4 million. it leads to my big question, does the tea part and its leaders want a default? a top executive -- there's ways you can get ahold of me on facebook, twitter e, email. so a top executive is resigning from rupert murdoch's news corp. following that phone hacking scandal. and for the first time we're hearing directly
a big project ahead of deadline. >>> but first -- will the real conservatives please stand up? we're calling out republicans who have used the impending debt sdamp to push an ideological agenda. my cream is what makes stouffer's fettuccini alfredo so delicious. i think you'll find it's the vegetables. deliciously rich. flavorful! [ female announcer ] together at last. introducing new stouffer's farmers' harvest with sides of lightly sauteed farm-picked vegetables. find more ways to get to the table at letsfixdinner.com. whose long day starts with arthritis pain... and a choice. take tylenol arthritis and maybe up to six in a day... or choose aleve and two pills for a day free of pain. happy chopping. or choose aleve and two pills for a day free of pain. at liberty mutual, we know how much you count on your car and how much the people in your life count on you. that's why we offer accident forgiveness, man: good job. where your price won't increase due to your first accident. we also offer a hassle-free lifetime repair guarantee, where the repairs made on your car are guaranteed fo
this country. why this school system doesn't want that is a big question. that needs to change. >> david mcfarland from the trevor project. thanks for your time. i want to pass along to everyone out there, if you or someone is feeling bullied or at risk of suicide for anyone across the board. it doesn't matter if you are part of the lgbt community. you can call the trevor project lifeline at 866-488-7386. this lifeline is free and confidential. >>> here is an amazing statistic. half of all new jobs since the recession added has been added in one state alone. the state's governor might consider using this employment boost to help his run for the white house. there is the man himself. [ male announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you wa
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